Join us to change the flow in travel world!

Further Network is a blockchain-based payment and settlement platform for the travel industry.

Autonomous Smart Travel Ecosystem

Further’s disruption starts with Autonomous Smart Travel Ecosystem where any asset provider from small to large, Airline to Hotel or Tour Provider would be able to create their own assets, create their own modifiable services and publish them using their own smart contract and get real time payment throughout the system using blockchain and cryptocurrencies.

We will begin with tokenization of current assets from proprietary systems and for easy settlement and payment and continue with identity sharing and ultimately achieving a fully integrated set of systems with blockchain which will directly tokenize the assets without any midware.

Travel is one of the biggest industries in the world with a global economic contribution of 7 trillion U.S. dollars in 2016. But the process of customer booking is based on the rules that were set more than 40 years ago. Even with the arrival of e-commerce, the standards didn't change to reflect the needs of a digital-era consumer. This is why you are having a badly designed experience with not many options to suit your needs when you travel.

Our Blockchain-based technology enables a faster and customizable ticketing and travel experience. We aim to help Airlines, Agencies, Hotel Wholesalers and travel product issuers alike to solve the Billing, Settlement, and Payment issues while removing the middle-man and completing BSP in real-time.

LHR

London

NRT

Tokyo

3H47M242407

The ticket should be more than just a manifest of flight information. It must be customizable or even personalizable for traveller’s needs and preferences. With Further Network's unique technologies travellers will be able to change, sell, add options and customize their tickets. Moreover it will not be a simple ticket anymore but Smart Travel Record, a Further Network technology.

STR, Smart Travel Record; a smart token, unique Further technology consisting of necessary data for flight, hotel or any other reservation or any other travel product. STR will help solve the issues of settlement and payment using Aton, our digital currency. STR would also bring more structured data and automation to the operational usability for vendors to offer their travellers specific rule sets.

Aton, the driving force that Further Ecosystem will be running on. All transactions which has a value in the Further Ecosystem will both be kept in desired currency and Aton. This will allow the system to calculate the entirety of the transactions and set the balance independent of the currency used by the issuer or the purchaser. Since STR holds both the desired currency and Aton value, the system will calculate the settlement over Aton which will work real-time and currency free.

STR will have the value in Aton.
Any travel product which has a value in issuer’s preferred currency will have a value in Aton.
This helps the system to calculate the settlement in real-time over Aton.
If preferred currency is not in Aton we will only do the settlement.
This establishes trust between parties, where traditional methods take time and third party involvement.

Value in Aton is kept for Settlement purposes.
If issuer chooses to receive payment in Aton, the payment will be in real-time as well.
Over the border transfers
A Brazilian agency doing a hotel reservation in Thailand;
Agency can pay in Brazilian Reais.
Hotel will receive in Thai Baht.
Further will charge in Aton.

Transaction Fees of Further Network will be in Aton It is similar to gas price in Ether.
Transaction fees will be calculated based on:
Type of transaction
Complexity of transaction
Nodes involving in transaction.
In other words, Aton is the currency that runs Further Ecosystem.

Roadmap

Technical Roadmap

September 2016

Conceptual Design

August 2017

Prototyping and Tests

October 2017

Publishing Website & Whitepaper

May 2018

Private Token Sale

Q2 2018

Pre Sale Start

Q2 2018

ICO Start

Q4 2018

Exchange Offer

November 2018

Decentralised BSP

P2P Network will be launched

Decentralized Billing, Settlement and Payment Service will be provided for Air Passenger and Air Cargo Transactions

Q1 2019

Passenger Wallet & ID DApp

Individual Customer DApp for Travel Assets and Aton Transactions

Biometric ID function will be enabled for all transactions

Q2 2019

P2P Travel Product Distribution

P2P Airline Product Distribution through STR

Travel Agency DApp will be launched

Q4 2019

Blockchain based Air Ticketing System (PSS)

Airline PSS will be launched

Native Smart Travel Record creation through PSS

Customizable Travel Assets

Universal Travel Assets

Q3 2020

Open Network for 3rd Party Applications

Open Network Protocol will be Launched for 3rd party developers such as Hotelier, Activity Provider, Airport Operator, Ground Service Provider

APIs and SDKs will be published supporting Open Network Protocol

Team

Kadir Özgür OğuzCo-Founder & CEO
Lecturer in Aviation Management

He began his career in Turkish Airlines in 2000, he is a Part Time lecturer in Aviation Management Department of Istanbul Commerce University for the last five years.

As Managing Partner of Seven Gates Interactive Technologies he leads Software Product & Consultancy Services, Business Development & Sales departments and works as a Part Time lecturer in Aviation Management Department of Istanbul Commerce University for the last five years.

He began his career in the travel industry with Turkish Airlines in 2000 where he held variety of operational and management positions including Process Engineer, Project Leader Internal Auditor and Training Manager based in Istanbul. He was also member of IATA Load Contro Work Group and Airline Messaging Work Group between 2008-2012.

He received his master’s degree in business administration at Maltepe University and his first bachelor’s degree in Electronics from Marmara University and second bachelor’s degree in Economics from the Anadolu University.

Erdem ÜneyCo-Founder & CTO

During his work life he has worked in different sectors from event/concert organisations to developing web applications & sites and starting an online music magazine.

As Managing Partner of Seven Gates Interactive Technologies he is the head of all development and IT. He currently leads the technical and functional teams of the projects. He also leads and contributes the R&D efforts of Seven Gates.

He began working at the age of 15. During his work life he has worked in different sectors from event/concert organisations to developing web applications & sites and starting an online music magazine. Completed his B.Sc. in Meteorological Engineering at Istanbul Technical University in 2005. Completed M.Sc. in Computational Science and Engineering at the same university in 2010. Founded an import export trading company at 2008 and exited at 2011.

Co-Founded Seven Gates at 2012, in order to pursue his dreams of technology development. He is also a member in Turkish Informatics Foundation.

Gökhan KoçCo-Founder & CIO

Award Winner 17 years experience as a Leading developer, software development manager and entrepreneur.

17 years experience as a Leading developer, software development manager and entrepreneur. Experienced in service oriented architecture, software architecture design, enterprise level third party integrations.

Got his MSc degree from GITS Media Lab, Waseda University, Tokyo in 2004. Stayed in Tokyo for five years and worked in different design companies in various positions such as senior CG designer, art director.

Currently working as full-time lecturer at Istanbul Bilgi University, Visual Communication Design department and also working as freelance media designer, mentor at Founder Institute Istanbul, Fit Startup Factory about branding and user experience, consultant for various companies and startups in Tokyo and Istanbul.

Eser SevimCo-Founder & Business Dev. Manager

He has an experience in Trading Platforms, Financial & Investment Training, Business Development, Payment Kiosks and Digital Marketing.

His career in the Foreign Exchange industry with where he held a variety of operational and management positions including Project Manager, IT Manager and Training Manager in US based company Eurofund Holdings which corporated in Hong Kong. He also got responsibilities in some of the Investments of Eurofund Holdings as a partner. He has an experience in Trading Platforms, Financial &amp; Investment Training, Business Development, Payment Kiosks and Digital Marketing.

He has studied in ITU Aerospace Engineering and gets his bachelor’s degree in Business Administration from Anadolu University.

Gökhan İşciAirline Analyst

He began his career in the travel industry with Turkish Airlines in 2008.

He began his career in the travel industry with Turkish Airlines in 2008. During this period, he managed scheduling and tasking for a team, resolved operational bottlenecks to improve service quality for ground operations, significantly improved quick check-in process and developed training manual, Contributed to reengineering of critical work flows to improve training quality, closely worked with eLearning program software vendors to enhance quality of eLearning content and its delivery.

He is studying for his master’s degree in Business Administration at Beykent University and his first bachelor’s degree in Tourism and Hotel Management from Süleyman Demirel University and second bachelor’s degree in Business Administration from the Anadolu University.

Mehmet DuranLead Backend Developer

Mehmet Duran is a software consultant who worked on many award winning projects including Nike, Bing Maps and GOV.UK, with a wide area of expertise on developing software and products for finance, government and technology startups.

Mehmet Duran is a software consultant with a wide area of expertise on developing software and products for finance, advertising, government and technology startups. He 's worked on many award winning projects and high-traffic websites including Nike, Bing Maps and GOV.UK. He is based in London and Istanbul.

Alper TürktaşCMO

Digital Marketing Strategist with more than 15 years of experience in online communications and new media technologies.

He started his career as a software developer while he was still studying at ITU Mathematical Engineering. He then had a chance to work for different Istanbul and San Francisco companies and had experience in various digital advertising roles; including design, development, and project management.

For the last 10 years, he works as a consultant for brands, managing agencies to plan better communications. He led teams to create marketing strategies, plans and advertisements for brands like Allianz, Philips, Opet, Turkcell, Samsung, etc. earning more than 50 awards (The Webby Awards, DCA Berlin, European Excellence Awards, Crystal Apple, DPID, MIXX Europe, etc.)

He started designing and developing video games at the age of 14 and that's still what he does in his spare time. He is based in London.

He started his career in 2006, while he was still studying Mathematical Engineering in Yıldız Technical University. Since then he participated various development projects including mobile technologies and e-commerce.

Armağan Can ErcanCommunity Manager

Armagan is a Social Media & Community Manager with a 6 years of professional experience.

His career started at McCann Istanbul. After that, he worked for digital agencies, like 4129Grey, Leo Burnett Voden, Rafineri, Dwarf Planet and Sotka. Throughout his career, he has provided digital solutions for global and local leading brands like Turkish Airlines, Unilever, Turk Telekom, Ulker, Teknosa, Yandex, Akbank, Yapi Kredi Bank, Doritos. Currently, he is responsible for the community managament of Further Network.

Tuna Çakırca, partner of CDCA Law Office based in Istanbul, has extensive experience in mergers and acquisitions, corporate and capital markets areas. Her M&A experience includes representation of both sell and buy side clients, local and foreign, in a wide range of sectors. She has also represented underwriters, issuers and/or selling shareholders in several capital markets transactions.

Tuna is also highly experienced in representing multinational and local companies, mostly active in technology and payment systems sectors, in connection with day-to-day businesses, including corporate, commercial, regulatory and employment matters. Prior to joining CDCA, she was a senior associate at Chadbourne & Parke and formerly an associate at Kinstellar and White & Case in Istanbul.

Partners

FAQ

ICO stands for “Initial Coin Offering” and it is a means of raising capital through a crowdfunding campaign with the use of crypto-assets as investment. A digital asset, the coin or the token, is issued for a purpose and are sold to raise money for the said purpose. After the ICO process is done,the coins are traded on crypto-exchanges and market supply and demand decides on their fair pricing.

The first generation of digital assets were crypto-coins like Bitcoin, Litecoin etc. Coins have been used as a digital medium of doing transactions in an elegant encrypted way. The next generation of digital assets are the tokens, which cover a broader purpose of use. However, it’s hard to differentiate between these terms as they are broadly used in an interchangeable manner.

For every TGE the token has to be classified and a decision pertaining to its regulatory status has to be made. Several fields of law such as financial market law, anti-money laundering regulations, civil law (with respect to the prospectus) and tax law have to be considered. Whereas some tokens merely give the investor the right to access a platform or utilize a digital ecosystem, most tokens are financial products and are thus covered by regulatory law. Depending on each jurisdiction, the sale and offer of these tokens might require a license and/or a prospectus. Furthermore, listing such a token on an exchange for the secondary market is also a regulated activity in most jurisdictions.